Vacant Position: Finance Manager (Insurance
Industry)
Location: Nairobi
Location: Nairobi
Company profile: Our client a reputable
leader in the General Insurance industry with operations in East Africa –
Kenya, Uganda, Tanzania and Rwanda - seeks highly qualified and experienced
individuals for the positions below for the Nairobi Office
Job Scope
Overview of Job Purpose:
Incumbent is responsible
for Country wide: Business unit(s) Budgeting; Financial analysis and
forecasting; Preparation of Consolidated and P&L and allied executive
reporting.
The holder shall undertake
financial tracking of the Department and work closely with other departments in
the execution of the Company’s Corporate strategy.
Responsibilities
Responsibilities
Key Responsibility Areas
- Approve or
reject, or coordinate the approval and rejection of, lines of credit and
commercial, real estate, and personal loans.
- Develop and
analyze information to assess the current and future financial status of
firms.
- Establish
procedures for custody and control of assets, records, loan collateral,
and securities, in order to ensure safekeeping.
- Evaluate
data pertaining to costs in order to plan budgets.
- Evaluate
financial reporting systems, accounting and collection procedures, and
investment activities, and make recommendations for changes to procedures,
operating systems, budgets, and other financial control functions.
- Oversee the
flow of cash and financial instruments.
- Plan,
direct, and coordinate risk and insurance programs of establishments to
control risks and losses.
- Plan,
direct, and coordinate the activities of workers in branches, offices, or
departments of such establishments as branch banks, brokerage firms, risk
and insurance departments, or credit departments.
- Prepare
financial and regulatory reports required by laws, regulations, and boards
of directors.
- Prepare operational
and risk reports for management analysis.
- Communicate
with stockholders and other investors to provide information, and to raise
capital.
- Analyze and
classify risks and investments to determine their potential impacts on
companies.
- Establish and
maintain relationships with individual and business customers, and provide
assistance with problems these customers may encounter.
Time Coordination of Financial Administration
- Manage and
Control expenditure within Business Units to ensure that all transactions
are processed in accordance with law and related Company regulations,
policies, and procedures;
- Provide
month-end and year-end instructions, schedules, and deadlines to ensure
critical departmental deadlines are met;
- Coordinate
the preparation of all account reconciliations and detailed working papers
to internal and external audit standards;
- Manage and
coordinating expenditure control measures within the Business Units.
- Holder is
accountable for miscellaneous other responsibilities as line manager may
assign and or require
Minimum Educational (or other qualifications) required
- University
Degree in related filed
- Professional
Accounting qualification i.e. CPA-K/ ACCA/ACII
- At least Six
years experience in management within the insurance industry;
- She/he must
be familiar with Re-insurance accounting
- IT
proficiency- Computerized accounting system skills e.g., Orion, AIMS,
Premium;
Skills
- Organization
& Planning Skills
- Communication
Skills
- Analytical/Research
Skills
- Time
management skills
- Problem Solving
- Team
Building Skills
- Interpersonal
Abilities
- Multicultural
Sensitivity
- Problem-Solving
How to apply
To apply for this position
send your CV to mycv@myjobseye.com quoting the position in the subject
line and preferred location.
Kindly also mention your
current/ last salary and benefits.
Only shortlisted candidates
will be contacted
